FXDD Review Is FXDD a Scam or Legit Forex Broker ️

  • By:R G

The minimum deposit amount on the FXDD platform will depend on the type of account and the deposit method used for the transaction. Mini accounts allow a minimum deposit of 250 USD, while a trader with a Standard account can transfer a minimum of US$2,000. The maximum deposit limits are usually defined for each payment method and is stated above. The positive thing about the FXDD is that it offers a range of different methods for depositing, withdrawing and transferring funds in the simple and quick way. It is also important to mention that there are no fees for making a deposit and that you have the option to withdraw your funds at any particular time. You are only obliged to fill out the FXDD Funds Redemption form and send it by fax to the office in Malta.

There is plenty of reading material targeting all different levels. Also available are a number of instructional videos covering everything from the basics to in-depth technical analysis. And there is a library of trading guides covering the basics of Forex and options trading.

The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs. Segregated account is an important term in the context of Forex trading in which best indicator for intraday trading a broker holds their client funds in segregated accounts that are different from the broker’s core banking account. Segregated accounts are used to differentiate between the broker’s working capital and its client investments.

fxdd review

The broker provides this trading platform is available for download on the website of this broker. The friendly and experienced customer service team is on hand to answer all general and technical questions in a prompt and efficient manner. I have always enjoyed speaking with them and wouldn’t have any problem reaching out to them again in the future if need be. There is a selection of free trading guides which can help to improve the market knowledge for traders of all levels. They are vey detailed and easy to follow with illustrations included.

Trading accounts of FXDD

Overall, this FX broker is a tried and trusted option with over 15 years of experience in the industry. There are 67+ currency pairs, and a variety of other instruments available as well. MT4 features a highly customisable interface with real time price quotes for trading instruments displayed in the market watch window.

Is Fxdd a good broker?

The overall user experience is smooth and enjoyable, with a variety of informative trading tools that are intuitive to use. Overall, FXDD is a comprehensive, low-commission online forex broker with a good range of asset types and platforms to choose from.

This includes about us, trading, partnerships, resources and contact information. The trading tab is the most useful since it provides information on accounts, platforms, and markets. Provided you are from an accepted country, the process for registering, and trading online is relatively straightforward. I was actually really impressed with these market insights and would put them up there with the likes of ActivTrades when it comes to market analysis. I was pleased to see that the broker has some helpful educational materials on their website including trading guides, tutorials and frequently updated market analysis. If you are new to trading or investing online, you will probably find these useful.

Bad Broker

The platform provides a demo mode and a number of educational materials for beginners. Their multilingual and dedicated support team, comprised of reliable professionals, assists their clients 24 hours a day via phone call, email and live chat. I sent first request on 11 Dec 2015 ($482) They have started the operation by taking the money from my account on 14 Dec 2015.

Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the forex companies. The entire responsibility for the contents rests with the contributors and commentators.

You can get free access to a great selection of daily market analysis and trading tools along with some useful educational materials. The Trading Central software is brilliant for finding customised trading signals. I think they could perhaps add some more funding options and managed accounts.

Where is Fxdd located?

FXDD is an online foreign exchange introducing broker based in New Jersey.

FXDD was founded in 2002 and provides traders across the world with access to trade the global markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. They offer you competitive spreads and low commissions with good execution speeds and no limitations on trading strategies. The broker has an impressive 400,000 accounts opened, 350+ million orders processed and 8+ trillion on transaction volume. Their history has enabled them to establish an abundance of knowledge to give you a personalised trading service that utilises powerful technologies.

FXDD Careers and Employment

The MT5 web platform enables you to access the markets from most web browsers without needing to download or install any additional software. The web platform contains the same features and can be accessed from any Windows, Mac OS X or Linux-based computer with a browser and internet connection. As with the MT4 web platform, it cannot run expert advisors but it is convenient if you plan on using your account from different devices. If for example your phone battery tied whilst using the app, you could borrow a friend or relatives’ computer to login to your account via a web browser. FX Dealer Direct is a revolutionary provider of forex trading technologies for individuals and institutional traders. Totally suck, my live acount, over 300 usd eaten by their so called stupid trick stopout …

fxdd review

As you can see, the minimum spread for trading EUR/USD at FXDD is 1.6 pips, which is rather high when compared to the average EUR/USD spread of 0.70 pips. The table below compares how much it would cost to trade one lot of EUR/USD with FXDD against other brokers. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide investment advice, offer or make solicitation of any investment products. You can access a wide range of frequently updated market analysis to help inspire trading ideas and stay informed with the latest market movements from industry expert’s analysis. FXDD run regularly scheduled live trading and educational programs by award-winning market researchers Chris Svorcik and Nenad Kerkez.


We should also mention the demo account, which gives new traders the chance to try the popular MT4 trading platform, as well as trying out new strategies in a risk free environment. FXDD is an online broker with a registered address in Floriana, Malta. It offers trading services for individual and institutional clients, as well as hedge funds, money managers, white labels and introducing brokers. It was established in 2002, and has so far won some prestigious awards, such as the Most Trusted Forex Broker Europe 2012, and the Best New Platform Europe 2012. They provide high-tech, secure and fast trading platforms as well as tight competitive spreads, fast execution order plus transparent and fair services. 74-89% of retail investor accounts lose money when trading CFDs.

79% of retail investor accounts lose money when trading CFDs with this provider. A minimum deposit of $1 is required to establish a live account. Alternatively, FXDD provides a demo account that you may use to experiment tenkofx review and become acquainted with their platform. Forex traders can rest assured that this broker is fully licensed and regulated by the Malta Financial Services Authority , as well as the Financial Conduct Authority .

Is FXDD legitimate?

No, FXDD is not a scam is a regulated broker with low risk trading. FXDD Malta Limited as a part of the EU company that respectively complies with the law requirements in terms of the financial service companies and holds an Investment Service Category 3 License.

Besides, Demo account is also available for all those who are eager to learn about the market, and it is open for 90 days since the registration. A dedicated and responsive customer support service can be called an important advantage of the brokerage company FXDD, which assists customers in 13 languages in 24/7 mode. The consultants tend to solve all issues as quickly and efficiently as possible. The Forex broker FXDD analysis consists of a broad array of practical services (economic event calendar, narrow-focused calculators, etc.), latest news and market reviews.

Is legal and real

This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. MT5 can display economic events directly on charts which is useful as part of a fundamental analysis. You can get additional tools and signals from the built-in marketplace. For traders looking for a forex brokerage with a complete learning experience, FXDD is it. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.

Also, always consider rollover or overnight fee as a cost, it is charged on the positions held longer than a day and defined by each instrument separately. Some of the examples you may also see above and check the most recent updated through FXDD platform. We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. By using this site, you are agreeing to security monitoring and auditing.

Most of these platforms are available for mobile devices as well, which allows you to have control of your funds at any time. The Forex broker FXDD offers high-quality educational materials. Unfortunately, all of tokenexus them are written in the English language, what can serve a serious problem for Russian-speaking traders. Daily the company FXDD organizes seminars with the reputable and well-known trading experts featuring.

FXDD minimum deposit

I like that the FXDD proprietary trading platform supports algorithmic trading. Regrettably, FXDD does not allow algorithmic trading from its Maltese-regulated brokerage. The FXDD choice of platforms offering loved by many manual or automated traders worldwide known MetaTrader with the possibility to open either Standard or ECN account.

Is FXDD safe or a scam?

The broker’s activities and services are regulated by such major international regulators as NFA, CFTC, MFSA and MiFID. I like the Trading Central MT4 plugin, as it provides an upgrade to the core MT4 trading platform. It consists of numerous high-quality trading tools, offering clients an edge, including automated chart pattern recognition. MetaTrader 4 VPS Hosting supports automated trading solutions. The service costs between $30 and $85 per month unless FXDD clients have a minimum of $2,500 and 5.0 lots in volume per month. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

Although this is an inconvenience for many clients, FXDD has so many positive characteristics that redeem for this weakness. Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000.

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